Proof of authentication - Telegram username: @mbe48 - Email: nawariimleh@gmail.com- WGC Wallet on Coinsbit ( https://coinsbit.io ): 0x00b2574EB6D6aa71E20deffC8a90Ba1D8d312FF2 - Campaigns applied for: Content Creation Campaign
|
|
|
Proof of authentication - BSC: 0xBF145972173Caf7b9bD33b98BB2B0091DfEd4540 - Email: embesayangsapi@gmail.com- Campaigns applied for: Content Creation, Telegram, Facebook
|
|
|
I'm not worried about this problem because for the exchange there are still many developing platforms and I don't think Bitcoin will be stopped by the government (there are still many countries that are not friendly with Bitcoin, but until now the popularity of Bitcoin is increasing). What I'm worried about is the scarcity of supply and the decline in buying interest, I think it could be the start of the Crypto extinction.
|
|
|
It is a common thing to happen, but it is better to use a long term system and it is possible to see the current trend. However, if I experience this condition, I do a cutloss to anticipate a high loss and move it to a coin with good potential. Sometimes TA has no effect on the market situation, don't insist on continuing to trade.
|
|
|
Yes, I also agree with your opinion. The reason I keep some assets in Bitcoin long term is because of the reasonable price and unquestionable popularity and guaranteed security. However, if long-term stockpiling, will cause scarcity so that demand decreases. But I think many people hold Bitcoin for a long period of time, because they have hopes that the price will be higher.
|
|
|
The influence on Bitcoin can be seen from the price that continues to rise, due to high demand because during the pandemic many people lost their jobs so they turned to Crypto investments (making some people still trust their money to invest in Bitcoin). In addition, the security of investments or transactions through cryptocurrencies, especially Bitcoin, is considered quite guaranteed.
|
|
|
Bitcoin is the latest technology that is still being tested in life to make it easier for users to transact privately, transparently and openly. But Bitcoin cannot change corruption on a personal level or on a government scale, it cannot change human nature and anything else. Maybe in the future the Blockchain system will be adapted because of its security and make it more of a digital asset for investment that is used by many people.
|
|
|
I think only people who make money on the internet believe in bitcoin (Some People), the popularity level of Bitcoin increases when big investors enter the Crypto world so that ordinary people who don't know Blockchain also invest in Bitcoin. But I firmly believe that Bitcoin is a valuable asset besides fast transactions, its security is unquestionable and maybe in the future everyone will also feel the benefits of blockchain technology.
|
|
|
In the past Bitcoin was known and used for illegal payments, because the transactions were anonymous so most people had negative beliefs about Crypto. Not only that, Blockchain is also a new technology that most people don't know about and they call it a scam. This is natural, because knowledge about bitcoin is uneven. Bitcoin is now famous for its price skyrocketing in the last 5 years and those who enter the Bitcoin market just want to get rich quick without any basis.
|
|
|
|